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Illegal money exchange case: Chennai ED takes businessman Sekar Reddy into custody

ANI  |  New Delhi [India] 

The branch late last night asserted verified PWD contractor Sekar Reddy in an alleged illegal money exchange case.

Reddy, who was arrested by last year in December in connection with holding huge amounts of unaccounted worth rupees 130 crore, has been taken into custody again.

After 11 hours inquiry, Reddy has been sent to custody till March 28.

Reddy's arrest led to investigators raiding former Chief Secretary of T.N. Rama Mohana Rao and his son Vivek Pappisetty.

According to reports, an official from the investigation wing said the department is still probing Rao and Pappisetty over amassing unaccounted

Sekar Reddy was released on bail in the case recently.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 21 2017. 09:35 IST